Pinal County Arizona Residential Rent and Rental Statistics
The median monthly gross residential rent in Pinal County AZ was $1,089 in 2019 according to the Census ACS survey.1 Average gross rent in Pinal County was $960 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Pinal County median and average rent data will be released in September of 2021.
Data is also available below for Pinal County rental vacancy rates, Pinal County rent as a percent of median income and the fraction of renters in Pinal County.
Real Gross Rent in Pinal County Arizona (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Arizona Median Gross Rent | $1,101 | +4.36% | +7.73% |
| Pinal County AZ Median Gross Rent | $1,089 | +1.02% | +4.91% |
Pinal County AZ Real Gross Rent Trends
At $1,089, real median gross rent in Pinal County was at its highest level in 2019 since the series began in 2005. Average gross rent for Pinal County peaked in real terms in 2018 at $987 and is now $27 (2.74%) lower.
Real Gross Rent: Pinal County AZ Median, Pinal County AZ Average, Arizona Median, US Median
Real Gross Rent History for Pinal County
| Date | US Median |
Arizona Median |
Pinal County AZ Median |
Pinal County AZ Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,101 | $1,089 | $960 |
| 2018 | $1,077 | $1,055 | $1,078 | $987 |
| 2017 | $1,043 | $1,052 | $1,042 | $864 |
| 2016 | $1,027 | $1,022 | $1,038 | $921 |
| 2015 | $1,017 | $990 | $1,044 | $903 |
| 2014 | $986 | $967 | $1,036 | $840 |
| 2013 | $953 | $937 | $1,019 | $910 |
| 2012 | $940 | $945 | $1,011 | $913 |
| 2011 | $941 | $918 | $1,055 | $979 |
| 2010 | $955 | $943 | $952 | $877 |
| 2009 | $960 | $979 | $1,075 | $940 |
| 2007 | $927 | $962 | $927 | $848 |
| 2005 | $910 | $896 | $741 | $711 |
Pinal County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Pinal County Arizona was 6.56% according to Census ACS data.
Rental Vacancy Rate in Pinal County Arizona
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Arizona | 5.32% | -0.39% | -1.09% |
| Pinal County AZ | 6.56% | -0.46% | +1.83% |
Trends in Pinal County AZ Rental Vacancy Rate
The rental vacancy rate in Pinal County peaked in 2010 at 20.55%. Since then it has fallen by 13.99% to 6.56%. Data records for this series originated in 2005. From a 2016 post peak low of 4.73%, the rental vacancy rate has increased by 1.83%.
Rental Vacancy Rate: Pinal County AZ, Arizona, US
Historical Rental Vacancy Rate data for Pinal County
| Date | US | Arizona | Pinal County AZ |
|---|---|---|---|
| 2019 | 5.97% | 5.32% | 6.56% |
| 2018 | 6.15% | 5.71% | 7.02% |
| 2017 | 6.18% | 5.99% | 7.58% |
| 2016 | 5.89% | 6.41% | 4.73% |
| 2015 | 5.85% | 7.72% | 8.52% |
| 2014 | 6.32% | 8.11% | 6.08% |
| 2013 | 6.49% | 8.89% | 9.21% |
| 2012 | 6.77% | 9.01% | 8.95% |
| 2011 | 7.40% | 10.21% | 9.03% |
| 2010 | 8.17% | 11.07% | 20.55% |
| 2009 | 8.43% | 12.62% | 18.50% |
| 2007 | 7.87% | 9.22% | 9.00% |
| 2005 | 7.74% | 8.57% | 13.75% |
Rent as a Fraction of Income
Using median household income data for Pinal County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Pinal County, median monthly gross rent as a fraction of median household income was 21.06% in 2019 according to the ACS.
Pinal County Arizona Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Arizona | 21.29% | +0.31% | -0.58% |
| Pinal County AZ | 21.06% | -0.46% | -1.57% |
Trends in Pinal County AZ Rent as a Fraction of Income
The fraction of median Pinal County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 26.58%. Since then it has fallen by 5.52% to 21.06%.
Fraction of Income towards Rent: Pinal County AZ, Arizona, US
Historical Data for Annual Rent as a Fraction of Income in Pinal County Arizona
| Date | US | Arizona | Pinal County AZ |
|---|---|---|---|
| 2019 | 20.03% | 21.29% | 21.06% |
| 2018 | 20.50% | 20.98% | 21.52% |
| 2017 | 20.13% | 21.63% | 22.98% |
| 2016 | 20.43% | 21.87% | 22.63% |
| 2015 | 20.63% | 21.74% | 23.26% |
| 2014 | 20.89% | 21.95% | 23.61% |
| 2013 | 20.78% | 22.02% | 23.35% |
| 2012 | 20.65% | 22.28% | 22.57% |
| 2011 | 20.70% | 21.84% | 26.58% |
| 2010 | 20.50% | 21.65% | 20.40% |
| 2009 | 20.12% | 21.15% | 23.16% |
| 2007 | 18.66% | 19.70% | 18.85% |
| 2005 | 18.89% | 19.43% | 17.29% |
Renter Fraction in Pinal County Arizona
You can calculate the renter fraction in Pinal County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Pinal County as a fraction of total Pinal County households. In 2019 21.75% of households were renters according to Census ACS data.
Pinal County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Arizona | 34.74% | -0.45% | -2.02% |
| Pinal County AZ | 21.75% | -0.17% | -2.25% |
Trends in the Pinal County AZ Renter Fraction
The Pinal County household renter fraction peaked in in 2014 at 32.68% and is now 10.93% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Pinal County AZ, Arizona, US
History of Pinal County Renter Fraction
| Date | US | Arizona | Pinal County AZ |
|---|---|---|---|
| 2019 | 35.89% | 34.74% | 21.75% |
| 2018 | 36.05% | 35.19% | 21.92% |
| 2017 | 36.13% | 35.28% | 25.53% |
| 2016 | 36.88% | 36.76% | 24.00% |
| 2015 | 36.97% | 38.09% | 25.12% |
| 2014 | 36.90% | 38.86% | 32.68% |
| 2013 | 36.50% | 37.94% | 30.65% |
| 2012 | 36.09% | 37.44% | 25.43% |
| 2011 | 35.42% | 36.27% | 25.65% |
| 2010 | 34.65% | 34.75% | 21.76% |
| 2009 | 34.13% | 32.94% | 22.67% |
| 2007 | 32.80% | 31.91% | 25.01% |
| 2005 | 33.10% | 31.83% | 22.38% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
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